Which of the following statements is true regarding competition?. . A) Competition among buyers decreases sellers' profits.. . C

Question

2 years ago

5

Which of the following statements is true regarding competition?. . A) Competition among buyers decreases sellers' profits.. . C

) Competition among buyers limits the cultural diffusion of products.. . B) Competition among sellers decreases the variety of products.. D) Competition among sellers can help drive prices down.

Business

2 answers:

PSYCHO15rus [73] · Answer 1 · 2022-09-15T02:43:22+03:00

The statement that is true regarding competition is : D. Competition among sellers can help drive prices down.

in a competition, those sellers will fight to grab consumer's attention. One of the most effective way to do that is by lowering the price of their product

hope this helps

Oduvanchick [21] · Answer 2 · 2022-09-15T03:43:39+03:00

Oduvanchick [21]2 years ago

6 0

Answer:

the answer is d my peeps! i did the test and got 100!

Explanation: